Macy's Chief Marketing Officer To Depart In May

Macy's Inc. said its Chief Marketing Officer Martine Reardon will leave the company, effective May 13. She has been with Macy's for 32 years and was named CMO in February 2012. In a statement, Reardon said she will be taking personal time after her departure. Macy's said it is now looking for a successor. The retailer's shares are up 0.5% in Tuesday trading, and up 14.4% for the year so far. The S&P 500 is up 0.6% for the year to date.